Lenovo

Lenovo Group Limited
Native name
联想集团有限公司
Liánxiǎng Jítuán Yǒuxiàn Gōngsī
Company typePublic
SEHK: 992
IndustryComputer hardware
Electronics
Founded1 November 1984 (1984-11-01) (as Legend 联想)
Beijing, China
Founder
Headquarters
Area served
Worldwide
Key people
Yang Yuanqing (chairman & CEO)
Products
Revenue US$56.863 billion (2024)
US$2.005 billion (2024)
US$1.102 billion (2024)
Total assets US$38.750 billion (2024)
Total equity US$6.081 billion (2024)
Number of employees
69,500 (2024)
Subsidiaries
Websitelenovo.com

Lenovo Group Limited, trading as Lenovo (/ləˈnv/ lə-NOH-voh, Chinese: 联想; pinyin: Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, converged and hyperconverged infrastructure solutions, and related services. Its global headquarters are in Beijing, China, and Morrisville, North Carolina, United States; it has research centers at these locations, elsewhere in China, Hong Kong and Taiwan, in Stuttgart, Germany, and in Yamato, Kanagawa, Japan.

Lenovo originated as an offshoot of a state-owned research institute. Then known as Legend and distributing foreign IT products, co-founder Liu Chuanzhi incorporated Legend in Hong Kong in an attempt to raise capital and was successfully permitted to build computers in China, and were helped by the American AST Research. Legend listed on the Hong Kong Stock Exchange in 1994 and became the largest PC manufacturer in China and eventually in Asia; they were also domestic distributors for HP printers, Toshiba laptops, and others. After the company rebranded itself to Lenovo, it acquired IBM's PC business including its ThinkPad line in 2005, after which it rapidly expanded abroad. In 2013, Lenovo became the world's largest personal computer vendor by unit sales for the first time, a position it still holds as of 2024.

Products manufactured by the company include desktop computers, laptops, tablet computers, smartphones, workstations, servers, supercomputers, data storage devices, IT management software, and smart televisions. Its best-known brands include its ThinkPad business line of notebooks, the IdeaPad, Yoga, LOQ, and Legion consumer lines of notebooks, and the IdeaCentre, LOQ, Legion, and ThinkCentre lines of desktops. Lenovo is also part of a joint venture with NEC, named Lenovo NEC Holdings, that produces personal computers for the Japanese market. The company also operates Motorola Mobility which produces smartphones.